Articles

The process for obtaining a measure – a benchmark: Simply stated, benchmarks are the “what,” and benchmarking is the “how,” of the process. Benchmarking without the right tools is not a simple process. Before undertaking a benchmarking opportunity, it...

Research clearly shows successful businesses aren’t afraid to compare themselves to their competitors and ask the hard questions. Businesses that do not make competitive comparison, furthermore, tend to be over optimistic about their relative position, preventing them from making...

Benchmarking is an essential resource if you are thinking about buying a business. The best starting point is to obtain a copy of the Australian Benchmark Report for the industry or sector your looking at buying into. It can...

Looking at this list below, you will quickly draw an understanding of the benefits of benchmarking and if your company or organization should in fact start a benchmarking process or project. On top are the top 5 benefits a client...

Our pharmacy records yield some interesting results from the following odds ratio analysis: High performing pharmacies, i.e. the top quartile based on Net Profit per Principal before owners salary as a percentage of total income, are 2.21 times more...

The Benchmarking team has over the years seen a consistent pattern observed in contractor industries. They have found that, as turnover increases, net profit margin tends to decrease. An even more interesting fact is that the net profit dollar...

As part of Benchmarking.com.au's ongoing In-Focus series, the Optometry Industry is the next to go under the microscope. We have received a growing number of enquiries for Optometry benchmarks as a number of large buyer groups have entered the market,...

As at June 2014 Benchmarking.com.au is integrating with Xero for an easy data import. This facilitates a much faster data entry for companies benchmarking their performance against industry peers. Similar to the Excel / CSV import, the Xero import...

For those clients who are quick to complete their financial year 2013 files, be ready and create the new benchmark year and report as well: On the Dashboard, click the company to which you want to add a year ...